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Hi all! New to investing and am really excited to get into it. I’ve been a lurker of BP for years and have never had the guts to do it. I am living out of NYC and have the opportunity to travel a bit more as I work...
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So I bought my first property and this townhouse already has a tenant in it. They pay 976 and I want them to sign a new lease of 12 months for 1300. Is this a good thing? the townhouse has 3 bedroom and 1 bathroom and...
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I have a few single family rentals I'm considering selling in the Denver, CO area within the next year. I'd love to be able to do a 1031 exchange to buy a condo with a view of the ocean, someplace affordable, such as...
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Hi ,We have a single family home in Bay area and are planning to invest in Sacremento area. I am inclined towards new construction homes(SFR) in Rancho Cordova or in Folsom. My husband is more leaning towards Tracy. H...
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I'm about to close on my first multifamily property in 2 weeks! I am buying the property because it is a growing area and current rents in 2 of the 3 units are much lower than they should be, but the catch is that all...
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Hello BP Members,I signed up for upcoming CCIM CI-101 Course starting tomorrow (Monday October 12) in St. Louis. I have been investing in real estate since 2007 and acquired my Realtor / Broker license in January 2013...
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We have 80k to invest but feel paralyzed by the many directions to take! Please help!
Some background:
We bought our first property last year (2023) for $675k. A SFR 3/2 in Long Beach, CA that needed some work. I...
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Hi all,I just read this related topic on tax implications of Subject To: http://www.biggerpockets.com/forums/51/topics/1303...My question is what are the tax implications of seller financing that is done via the creat...
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Hi all, If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy? A bit background, I did a flip...
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As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...